EUR/USD’s extended decline and strong break of 55 D EMA (now at 1.1031) last week suggest that the near term trend has reversed. Initial bias is now on the downside this week for 38.2% retracement of 1.0447 to 1.1213 at 1.0920. Sustained break there will argue that fall from 1.1213 is the third leg of […]
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